Looking at the EUR/USD chart, there appears to be a two-bottom chart. It comes as the ECB is avoiding talk of further rate cuts. Later in the week, America’s vital statistics could prompt a move in the pair. Unlock AI-powered stock picks for under...
GBP/USD Future Trends and Forecasts The foreign exchange market is stuck in neutral today, mirroring the lack of any significant economic data releases. This subdued environment makes it incredibly challenging to find profitable trading...
AUDUSD MARKET ANALYSIS On Tuesday (June 25), AUD/USD fell slightly by 0.13% to close at $0.6649. The market is currently waiting for Australia to release the May consumer price index (CPI) on Wednesday. The market expects a decline of about 0.2%,...
The AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...